Roche Holdings/adr had a nice pop today and is currently up 4.29% we'll see if the cash keeps flowing in. It looks like RHHBY may be interacting with a downward sloping resistance line. This may be an opportunity to short sell. The company has been chopping around the last few months without a clear directional momentum. So it might bounce off here, but hard to say.
If the price breaks through the resistance level it will probably move up to the $53.04 where it may meet further resistance. If the price does in fact bounce off here, it might find nearest support down at the $49.08 level, hard to say where it will go from there though.
